The housing market in Palmyra, MI is very strong, with the median value of a house there being $169,800. This is significantly lower than the US median value of $338,100. Furthermore, the housing appreciation rate in Palmyra is also higher than the national average at 9.09%, compared to 8.27% nationwide. This indicates that Palmyra's housing market is strong and its values are continuing to rise steadily over time, making it a prime choice for potential homeowners or investors.
The median home cost in Palmyra is $169,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Palmyra is up 16.2%.
Average Age of Homes
- The median age of Palmyra real estate is 63 years old
The Rental Market in Palmyra
- Renters make up 9.9% of the Palmyra population
- 0.0% of houses and apartments in Palmyra, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.